State pension fund retrieves half of 612 bil. won investment in Homeplus

The Korea Times

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State pension fund retrieves half of 612 bil. won investment in Homeplus

Korea's state pension fund said Friday it has recovered about half of its total investment of 612.1 billion won ($423 million) in major retailer Homeplus, which recently entered a court-led rehabilitation process amid liquidity worries.

tennews.in: National News Portal - Breaking News, Live News, Delhi News, Noida News, National News,

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State pension fund retrieves half of $423.5 million investment in Homeplus - tennews.in: National News Portal

Seoul, March 8 (IANS) South Korea’s state pension fund has said it recovered about half of its total investment of 612.1 billion won ($423.5 million) in major retailer Homeplus Co., which recently entered a court-led rehabilitation process amid liquidity worries. The National Pension Service (NPS) originally invested in Homeplus through a fund, including 582.6 billion […] The post State pension fund retrieves half of $423.5 million investment in…

businesskorea.co.kr

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KB Kookmin Bank announced that it will provide emergency management stabilization funds to small and medium-sized enterprises and small business owners who are experiencing difficulties due to the Homeplus corporate rehabilitation process. This support was prepared to support the rapid management stabilization of small and medium-sized enterprises and small business owners who are experiencing difficulties such as sudden delays in payment due t…